GBP support at 1.4350 was reached at 15.15, anticipating a bounce to keep within range with a weak dollar (gold silver strong). Two green M5 candles so bought at 1.43727 with a stop below 1.4350. Possible move back up to 1.4450/1.4550. Potential R6 or 7, moved the stop up and got stopped at R1 at 1.43950. +10.03 GBP didn’t go up as expected, positive outcome.
GBP At 17.15 having tested the 50% fib a couple of times, with higher lows, bought gbp again, looking to break above the 50fib. Got stopped out for -2.33. Stop wasn’t too tight, just got stopped. GBP went back down to 1.43636. Again, GBP didn’t go up as expected.
Euro 17.33 Greek markets close down 7.87, anticipating Euro sell off, sold Euro at 1.11327 in the middle of a small range. Managed to move stop to break even before Euro went up. Had been pushing on 23 fib at 1.11450 (round number). +.45 Wrong call, but entry meant I managed to come out without loss.
GBP 17.45 Trying to catch move above the 50 fib of the previous weeks move from low to high. Had tested it twice, bounced off 1.43750 twice so after 2 green M5 candles bought at 1.43837, moved stop and got stopped at 1.43846 for +.40 Entered too early, should have waited for move back down below 1.43750. But difficult call, entry did mean had no loss.
Euro having been pushing on the 23 fib of previous weeks move from low to high, as well as the 1.11450 S/R level, broke above and closed above on the M5 at 17.55. Bought at 1.11481 and got stopped at 1.11811 having moved stop up. +14.76. Entered well, was positioned for move up to 1.12 if it had happened.
23.31 up on the day. Used S/R levels as well as fibs.